PTC India Financial Services announces resignation of R. Balaji as CEO & MD, effective June 30, 2026, citing personal reasons.
PTC India Financial Services Limited has announced that R. Balaji will step down from his role as Chief Executive Officer and Managing Director (CEO & MD), effective June 30, 2026, due to personal reasons.
R. Balaji was previously Co-Founder and CEO of TuTr Hyperloop, a venture incubated at IIT Madras Research Park. He currently serves as a member of the advisory board of NIIT Foundation.
He spent over 17 years with the Mahindra Group, where he held leadership roles across strategy, marketing, and investments. At Mahindra Finance, he led mergers and acquisitions (M&A) and investments in fintech companies, and also played a key role in establishing the SME lending business. Earlier, he worked at Mahindra & Mahindra within the group strategy office.
Balaji began his career with ITC Agrotech and Nestle. With close to 30 years of experience, his expertise spans business development, brand building, and strategic leadership across multiple sectors.
